May 2013
Accounting Today;May2013, Vol. 27 Issue 5, p18
Trade Publication
The article reports that the Financial Accounting Standards Board has made proposals to improve financial reporting with regard to discontinued operations of major business lines or major geographic areas of operations.


Related Articles

  • State of the States: FIN 48--Uncertain Tax Positions in the State Arena. Ertmer, Brian; Sash, Robert // Journal of State Taxation;Jan/Feb2007, Vol. 25 Issue 2, p15 

    The article discusses the Financial Accounting Standards Board Interpretation No. 48 (FIN 48), which addresses the accounting for uncertainty in income taxes recognized in the financial statements of business enterprises in the U.S. The two steps utilized in FIN 48 in evaluating tax positions...

  • Who do you report to? Archibald, T. Ross; Lanfranconi, Claude P.; Robertson, Darroch // Ivey Business Journal;Winter97, Vol. 62 Issue 2, p44 

    Indicates that the United States Financial Accounting Standards Board is widely used by Canadian companies to report their financial statements. Reference to the use of the rules by Imax Corp.; Names of other companies that have followed suit; Comparison of the Canadian and US accounting...

  • Accounting board ruling follows common sense. Wilson, David // Inside Tucson Business;10/8/2001, Vol. 11 Issue 29, p5 

    Details the ruling of the United States Financial Accounting Standards Board regarding the report of business losses related to the September 11 terrorist attacks. Difficulty of judging the origin of the losses; Inclusion of terrorism-related losses in the financial reports; Aim of avoiding...

  • An American look at the profit and loss account.  // Accountancy;Nov79, Vol. 90 Issue 1035, p23 

    This article reports on the results of a review made by the Financial Accounting Standards Board (FASB) on the form and content of earnings reports in the U.S. as of November 1979. The rules for reporting earnings, it suggests developed piecemeal over many years, usually in response to...

  • ASB simplifies FRSSE. Bolton, Lesley // Accountancy;Feb2007, Vol. 139 Issue 1362, p9 

    The article reports that in 2007 the U.K. Accounting Standards Board modified and simplified reporting for share-based payments. The change reflects pressure put on the board by users of the Financial Reporting Standard for Smaller Entities. Details of the new type of financial statements that...

  • Accounting standards body has gone overboard. Alerding, Mike // Indianapolis Business Journal;7/25/2005, Vol. 26 Issue 20, p39 

    Comments on the issuance of complex rules with little value to financial statements for small businesses by the U.S. Financial Accounting Standards Board. Impact of post-Sarbanes Oxley requirements on small businesses; Payment for increases in complexity and costs; Assessment of intangible...

  • ASSOCIATES AND JOINT VENTURES.  // Accountancy;Feb1998, Vol. 121 Issue 1254, p89 

    The article offers information on the Financial Reporting Standard 9 "Associates and Joint Ventures." The standard presents the definitions and accounting treatments for associates and joint ventures, which are two kinds of interests of a reporting entity on another entity. It also deals with...

  • Comprehensive Income Reporting: FASB Decides Location Matters. Chambers, Dennis J. // CPA Journal;Sep2011, Vol. 81 Issue 9, p22 

    The article reports on Accounting Standards Update (ASU) 2011-05 issued by the Financial Accounting Services Board (FASB) in June 2011. It states that the standard requires all companies to report comprehensive income and components either in one continuous statement or in two separate, but...

  • Trust-Preferred Securities: FIN-46 Threatens Tier 1 Capital Treatment. MacDonald III, Ralph F.; Kanaly, Mark; Smith III, Dwight C. // Bank Accounting & Finance (08943958);Apr2004, Vol. 17 Issue 3, p37 

    Focuses on trust-preferred securities (TPS). Reason TPS have been popular; Structure of TPS; Factors that caused the U.S. Financial Accounting Standards Board in 2002 to begin to consider whether special purpose entities should be reflected on a company's balance sheet.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics